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and nancy cordes. nd jim axelrod with an executive who's found a formula for succeeding in a tough economy. it's another at-bat for "money ball." >> we essentially have to have players whose performance is toter than what we're paying shem. than wha captioning sponsored by cbs ptios is the "cbs evening news" s"ith scott pelley. >> pelley: good evening, in ohio police are searching for victims of the meningitis outbreak. in tennessee, they're reaching out with a phone bank. today federal officials titimated 13,000 americans received steroid injections that may have been contaminated with a potentially lethal fungus. gas.llnesses have been reported cross nine states. eight people have died. the steroids were used to treat painpain and joint pain. those who received injections in ion knowinal columns are at risk for the brain and spinal infection known as meningitis. dr. jon lapook begins tonight with the state that has the largest number of cases. >> reporter: in tennessee, public health officials are searching to reach people injected with the contaminated vials. th whether each and every v
last night. and 56% say they like romney better after watching his performance. but jim lehrer might not feel the same way. >> i'm sorry, jim, i'm going to stop the subsidy to pbs and some other things. i like big bird and you too. i'm not going to keep spending money to borrow money from china to pay for it again. >> reporter: the two men will square off again on october 16th. vice presidential candidates will get their turn next week. they square off in their first and only debate on thursday. >> thank you so much. you just mentioned it vice presidential candidates joe biden and paul ryan holding their debate one week from today. president obama and mitt romney debate two more times this month. they will answer questions in a town hall style debate october 16th and debate foreign affairs on october 22nd. overseas now an escalating violence between turkey and syria. overnight turkey launched artillery strikes into syria. several syrian soldiers have been killed. artillery attacks were retaliation for mortar fire that landed in a turkish border down killing civilians. nato held an em
for the underdog team, featured in the movie "money ball." jim axelrod spoke with its manager, who broke the mold on thousand be a winning ball club. >> reporter: they are the poorest team in major league baseball. with a roster stocked with rookies and low-paid veterans, the oakland a's were pegged to finish last in their division. >> most people i think predicted that we would lose not only 100, maybe 110. so this has been satisfying. >> reporter: instead, they finished first. if what general manager billy beane has done sounds like a hollywood story, well, it already was. >> the problem we're trying to solve is that there are rich teams and there are poor teams. then there's 50 feet of crap. and then there's us. >> reporter: brad pitt played beane in "money ball." it's a david and goliath tale of a gm with a small budget for salaries outthinking everyone else using a statistical formula to find winners among baseball's discards. you have to find undervalued players. >> you essentially have to have players whose performance is better than what we're paying them. >> reporter: beane's calculation
and we'll hear from him at the top of the hour. jim axelrod has the story of one team's return to postseason play. jim, good morning. >> good morning, nora. the a's are back in the bay area to take on the detroit tigers. the a's are down 2-0 in this best-of-five playoff series. but they've already beat some long odds to be in the postseason at all. they are the poorest team in major league baseball. with a roster stocked with rookies and low-paid veterans pulled off the junk heap. the oakland a's were pegged to finish last in their division. instead -- >> ball game! >> reporter: -- they finished first. >> most people, i think, now we'd lose 100, maybe 110. so this has been satisfying. >> reporter: if what general manager billy beanehas done sounds like a hollywood story, it already was. >> the problem we're trying to solve is that there are rich teams and there are poor teams. then there's 50 feet of crap. and then there's us. >> reporter: brad pitt played beane in "moneyball." based on a best-selling book, it's a tale of a gm with a small budget for salaries, outthinking every
romney was in as well at bain capital. >> that's correct. >> it's become a subject of critic jim from the obama campaign with respect to what he did and whether he created jobs or not. should bain capital be an issue in this cain? -- campaign? >> everything is subject to be criticized in a campaign. the private equity has helped revolutionize business around the world. private equity is designed to make companies more efficient. it has an effect of make being jobs be created and that's not the principal purpose but very often we save jobs. one of the most important things is we make good returns that go to public pension funds. private equity has bean great thing for american business and the envy of the world. >> there's tissue of carried interest. >> that's correct. >> which puts you at a lower interest rate than some think you should be. taxed at a capital gains rate rather than ordinary income rate. do you think that's fair? >> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with w
Search Results 0 to 4 of about 5

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